An exceptional five-bedroom villa located in a quiet cul de sac in close proximity to the beach of Praia do Vau is composed of three stories, and offers a stunning sea view

Portimão, Portugal

For Sale

€860,000

REF: 731425 €860,000


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Description

An exceptional five-bedroom villa located in a quiet cul de sac in close proximity to the beach of Praia do Vau is composed of three stories, and offers a stunning sea view. The main house is spread over two floors, and has three bedrooms, while the basement level of the property has been separated into two independent one-bedroom apartments, each with its own private access from the garden.

Upon entering the main house, on the ground floor, it opens into a spacious foyer filled with natural light which leads directly to the open-plan living area, complete with fireplace, air conditioning, and covered terrace. From here, the dining room and fully-fitted kitchen are accessed, both of which have direct access to the conservatory and outdoor terrace, on this floor there is as well a pantry and two bathrooms.

On the first floor, there is a bathroom and three spacious bedrooms, each with a private balcony.  The master bedroom is en suite and offers access to the roof terrace with a breathtaking view of the sea to the south and the Monchique Mountains to the north. The basement of the property can be accessed by a staircase off the kitchen, or via a private entrance in the garden.

The basement has been remodeled and is composed of two independent one-bedroom apartments, each with a complete kitchen, living room, bathroom, and bedroom with natural light, making it an excellent investment opportunity. Outside, there is a large mature garden, a barbecue and dining area, a leisure area, and a saltwater pool.

Located on the outskirts of Portimão, with easy access to the A22, and only 45 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 753 m2 | 8 100 sq ftArea: 351 m2 | 3 778 sq ftUseful area: 203 m2 | 2 190 sq ftBuilding Area: 351 m2 | 3 778 sq ftBedrooms: 5Bathrooms: 3Garage: 2Energy efficiency: B-FEATURES:Five rooms Two independents apartments Fireplace Fully equipped kitchen Air conditioning Terrace Basement Barbecue Salt water swimming pool     Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
An exceptional five-bedroom villa located in a quiet cul de sac in close proximity to the beach of Praia do Vau is composed of three stories, and offers a stunning sea view. The main house is spread over two floors, and has three bedrooms, while the basement level of the property has been separated into two independent one-bedroom apartments, each with its own private access from the garden.

Upon entering the main house, on the ground floor, it opens into a spacious foyer filled with natural light which leads directly to the open-plan living area, complete with fireplace, air conditioning, and covered terrace. From here, the dining room and fully-fitted kitchen are accessed, both of which have direct access to the conservatory and outdoor terrace, on this floor there is as well a pantry and two bathrooms.

On the first floor, there is a bathroom and three spacious bedrooms, each with a private balcony.  The master bedroom is en suite and offers access to the roof terrace with a breathtaking view of the sea to the south and the Monchique Mountains to the north. The basement of the property can be accessed by a staircase off the kitchen, or via a private entrance in the garden.

The basement has been remodeled and is composed of two independent one-bedroom apartments, each with a complete kitchen, living room, bathroom, and bedroom with natural light, making it an excellent investment opportunity. Outside, there is a large mature garden, a barbecue and dining area, a leisure area, and a saltwater pool.

Located on the outskirts of Portimão, with easy access to the A22, and only 45 minutes from Faro International Airport. CHARACTERISTICS:Plot Area: 753 m2 | 8 100 sq ftArea: 351 m2 | 3 778 sq ftUseful area: 203 m2 | 2 190 sq ftBuilding Area: 351 m2 | 3 778 sq ftBedrooms: 5Bathrooms: 3Garage: 2Energy efficiency: B-FEATURES:Five rooms Two independents apartments Fireplace Fully equipped kitchen Air conditioning Terrace Basement Barbecue Salt water swimming pool     Internationally awarded, LUXIMOS Christie's presents more than 1,200 properties for sale in Portugal, offering an excellent service in real estate brokerage.

LUXIMOS Christie's is the exclusive affiliate of Christie s International Real Estate (1350 offices in 46 countries) for the Algarve, Porto and North of Portugal, and provides its services to homeowners who are selling their properties, and to national and international buyers, who wish to buy real estate in Portugal.

Our selection includes modern and contemporary properties, near the sea or by theriver, in Foz do Douro, in Porto, Boavista, Matosinhos, Vilamoura, Tavira, Ria Formosa, Lagos, Almancil, Vale do Lobo, Quinta do Lago, near the golf courses or the marina. LIc AMI 9063
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Property on Map

#2LS00051

Currency Exchange

Portimão, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £731,593 £753,824 £22,231
Property Price € €860,000
Minimum cost in the last six months £731,593
Maximum cost in the last six months £753,824
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,231

Portimão, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €860,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€860,000 £731,593 £753,824 £22,231
Property Price € €860,000
Minimum cost in the last six months £731,593
Maximum cost in the last six months £753,824
Fluctuating exchange rates over the last six months could have increased the cost of this property by £22,231

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £22,231 more.

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